Jeff Bezos Loses $13 Billion In 1 Hour 

By THOUSIF INC By THOUSIF INC

Jeff Bezos saw $13 billion of his fortune melt away after Amazon.com Inc.’s results disappointed investors. Jeff Bezos saw $13 billion of his fortune melt away after Amazon.com Inc.’s results disappointed investors.

Shares of the e-commerce company slumped more than 8% Shares of the e-commerce company slumped more than 8%

In early New York trading on Friday, it reported a quarterly loss and the slowest sales growth since 2001. In early New York trading on Friday, it reported a quarterly loss and the slowest sales growth since 2001.

According to the Bloomberg Billionaires Index, According to the Bloomberg Billionaires Index,

If the loss persists, Jeff Bezos’s net worth will drop to around $155 billion. If the loss persists, Jeff Bezos’s net worth will drop to around $155 billion.

At his peak last year, he was worth more than $210 billion. At his peak last year, he was worth more than $210 billion.

According to the Bloomberg Billionaires Index, Bezos, the world’s richest person after Elon Musk, was already the fourth-biggest wealth loser this year. According to the Bloomberg Billionaires Index, Bezos, the world’s richest person after Elon Musk, was already the fourth-biggest wealth loser this year.

His fortune dropped by $23 billion through Thursday. His fortune dropped by $23 billion through Thursday.

Amazon is contending with higher labor costs following a hiring binge during the pandemic and a surge in inflation that may hold back sales. Amazon is contending with higher labor costs following a hiring binge during the pandemic and a surge in inflation that may hold back sales.

As a result, the company posted a net loss of $3.8 billion on March 31. As a result, the company posted a net loss of $3.8 billion on March 31.

Compared with a profit of $8.1 billion in the same period last year. Compared with a profit of $8.1 billion in the same period last year.

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